/biz/ - Business & Finance

It's not the top, yeah.

ponzi's slow down with time retard

>>29919016
it's obviously not the top

>>29919016
No, I think there's a lot of interest in causing and buying a large BTC dip before it really takes off.

unironically its not the top

>>29919016
>whats a marketcap

>>29919016
The 2013/14 pump was MUCH stronger than the 2017 one. The 2021 one will be weaker yet again. I dont think 58 was the top but anyone thinking we‘ll go above 250k this time is completely deluded

>>29919016
Bottom was 3k, already 20x'd sorry you didn't buy the fear.

>>29919220
Stock to flow says otherwise

>>29919220
this

the fact that more companies and normies hold btc means that it will become more stable.

in 2013 and 2017 the market was still mostly whales, the kind who browsed /g/ in 2009, uber neckbeards who had thousands of btcs and could manipulate the markets easily as fuck

im selling at 80k

>>29919266
learn to read please

>>29919110
>>29919201
>>29919465
>slowing down 4 times faster than previous cycle
>2020 and 2021 being the year with the most bullish, paradigm-shifting news bitcoin ever got
obviously everyone know it slow that, but not like that, are you insane?

this is not normal seriously
???????????????????????????????????
>>29919072
>>29919121
>>29919159
>>29919161
>>29919220
>>29919400
this is the most rational answer to this. It simply cannot be the top. It just doesn't make any sense

>>29919016
Compare the marketcap of all crypto :
In 2013, the top was 13 billions €.
In 2017, the top was 860 billions €.
A x66 between those 2 bullrun.

We are now at 1.13 billions € of the marketcap of all crypto.

I expect a nice x40 for this cycle.
860 x 40 = 34,4 trillions €

Marketcap of all crypto will be at least between 25-35 trillions € for 2021

>>29919699
>all these opinions disagreeing with my preconceived belief are stupid
>these opinions validating my preconceived belief are most likely correct
>this is the most rational answer

>>29919938
I already losely explained why this being the cycle top would be unreasonable, while you shitpost with sophism you midwit

>>29920257
numbers don't mean shit, we are already past the point where random people were talking in the streets about bitcoin

whether you want to believe it or not, bitcoin is a ponzi, it only gets pumped through hype, not fundamentals.

>>29921225
Teenager youtube celebrities were tweeting about bitcoin at 20k.The markets aren't as simple as the shoeshine boy, might as well post the meme chart.

>>29921650
>The markets aren't as simple as the shoeshine boy
and bitcoin is not a market you fucking idiot, it's a ponzi, it doesn't follow the same rules

the hype is dead, normies already lost money, if it goes up even a little most still holding will sell to get out

>>29921854

Only way I see this not happening is if institutions know something we don't, but this is probably right. What is bitcoin even supposed to do right now? Oh nice you can maybe make some meme purchases at exorbitant fees in the future, wowee

>>29921854
I thought you GME faggots already roped?

>>29921854
I see what kind of person you are. Remember our discussion when it goes above 58k again, and make sure you remember it right before you go to sleep. Think about it, perhaps figure out an excuse for why this trillion dollars ponzi is still going to help you cope

>>29919072
>>29919121
>>29919161
>not the top

>>29919819
Pure delusion

Biggers the market cap should grow by 1 trillion to double from 50k are you retarded, fixing yes btc will get slower growth the higher it goes
In 5 years it will be the snp500 of the crypto world, complete boomer coin with 10% growth annual

>>29921983
Niggers tongue

>>29922518
Hey cryptodude

>>29919016
Time to start investing in altcoins my friend

3k to 58k is not 5x you just got in late newfag

>>29919016
btc maxis will know the top when you are so hard that your cock can cut diamonds.

>>29922629
AHHHHHHHHHHHHHHHHHHHHHH

>>29919819
selling right now

>>29919016
It wasn't. The top is somewhere between 100k and 200k, maybe even 250k
/thread

>Buy 10000 btc for 55k each
>Sell 10000 btc for 45k each
>Buy 10000 back for 45k each
>Write off losses on taxes and still have 10000 btc

Is this basically what institutions are doing? Or am i missing something.

>>29919819

> mkt cap of 25-35 trillion in 2021

so there are some real idiots posting here huh

>>29919016
that’s because it’s not the top
you didn’t sell did you anon?
right?

>all these desperate faggots saying “the top isn’t in” like it’s a fucking guaranteed fact LMAO. 100% confirmed the top is in; you are dumb money.

we’re not even in the middle of this bro

Sus

>>29922397
it will go above 58k again, in a few months or years, and I will ride it up and make money again and so should you.

i'm not saying it's a bad thing that it's a ponzi, it's just reality, and it's a good thing for us which aren't clueless. bitcoin is not viable as a currency and people are not using it as such anyway.

>>29919201
lol this nigga doesn't know what a marketcap is. Everybody point and laugh.

>>29919016
>2020/2021
>muh global pandemic
>millions lose their jobs
>economies all the world over teetering on the brink of collapse
Dunno, but I can see why it would be lackluster compared to other bullruns. I hope to be wrong, though, I'm still holding, but there is no reason not to expect us to look back on this in later years and say "Oh yeah, this was the anomaly due to Covid, in that cycle we didn't even reach the outer rainbow bands, and the RHODL indicator was wrong, too."
Hindsight is always 20/20.

>>29923770
This is the first legit thesis I've seen for a bear case right now.

>muh cycles
It's almost like a mere $1 million can barely make a dent into many alts let alone BTC at this point.
You need to realize there are four (4) companies right now that have ever had a $1 trillion market cap or beyond
>Apple
>Google
>Amazon
>Microsoft
What do you expect, the average retail investor making prices move by close to 1%?

>>29925979
>>muh cycles

>>29919016
MANY BRAINLETS HERE!!!!!!!!!!!!!!

the low was 3k then the top 58k
thats almost 20k
how greedy can (((((you))))) get, damn it take your gains and be happy.

>>29919016
corpos adapting crypto is not a good thing. Paypal will use crypto to deny charge backs. Tesla will use buttcoin to transfer shitty foreign currency into Based USD. When you fags ironically change crypto into USD to "cash out" it defeats the purpose of the entire system. Enjoy your 50% down bubble

>>29919016
>doesn't understand how much money it'd take to get to 100k
OK Boomer have fun staying poor buying boomer coins.

>>29928627
SHCLORP SCHLORP SCHLORP SCHLORP

>goes from $18k to $58k, over 3X in 3 months
>March is historically the must consistent down month in all crypto (likely due to April taxes)
>Bitcoin goes down (GASP) 20% the last week of February
>Oh no what an unpredictable correction! It's over! Sell sell sell

>>29919543
no one asked

It started at 4k this time.

I can’t believe it either. There are a lot of reasons this cycle should continue. I have already made peace with holding for the next bull cycle if it is the case. If it is truly over see you frens 3/5/7 years from now!

>>29930131
>March is historically the must consistent down month in all crypto (likely due to April taxes)
people like to joke about the tax fud but it's unironically true and called tax loss harvesting
https://www.investopedia.com/terms/t/taxgainlossharvesting.asp

>>29919016
>$1.5 TRILLION flow into a $250 billion market in 6 months
>Y PUMP NO BIGGER

Christ

>>29930387
You better be accumulating sats over those 3/5/7 years

>>29919016
You want to be careful with pumps. BTC is one you need a nice steady pace for. Be it going up or down. Sharp are either corrections or manipulations. Right now we are in a positive correction to about 48k I think. From there we can hope for 1k a day in gains over the next 30 days.